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Level 1
June 1, 2019
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Difference between beginning principal & principal @ 1/1/18?

  • June 1, 2019
  • 1 reply
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Pertaining to home interest worksheet
Best answer by DavidD66

The beginning principal balance is the original loan balance, whereas the principal balance as of 1/1/18 is the balance at the beginning of 2018, which would be the same as the ending balance at the end of 2018.

1 reply

DavidD66Answer
Level 15
June 1, 2019

The beginning principal balance is the original loan balance, whereas the principal balance as of 1/1/18 is the balance at the beginning of 2018, which would be the same as the ending balance at the end of 2018.

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